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Important Events: | |
Important Events: |
1848
A new Swiss Constitution is adopted after a short war between Protestant (liberal) and Catholic (conservative) cantons. This civil war (Sonderbundskrieg) was won by the liberals. | |
1850
Creation of the Swiss Franc. | |
1852
A period of intense railway building. The establishment of joint-stock banks in Switzerland such as UBS and SBC is closely linked with the construction of railway lines and with the industrialization of the country. | |
1854
Basle, now the second largest city in Switzerland, has been a financial center for centuries, similar to Geneva. | | Formal constitution of the "Bankverein" as a consortium of six Private Banking-houses in Basle: Bischoff zu St.Alban, Ehinger & Cie., J. Merian- Forcart, Passavant & Cie., J. Riggenbach and von Speyr & Cie. The consortium acted as an underwriting syndicate for these banks. |
1855
Geneva, at that time the most important banking center in Switzerland, sets up a Stock Exchange. | |
1856
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